What is the difference between a licenced appraiser and an unlicenced one?
A. There are only about 20 licenced appraisers in Ontario that meet the high standards set by the insurance underwriters. I am one of them and have had more than 25 years experience in insurance appraisals, mediation, and as an expert witness. “Professional Association of Vehicle Appraisers” appraisers are on the “approved list” with all underwriters, are covered by errors and omissions insurance, as well as normal business insurance. Their licence is subject to annual peer review. An unlicenced appraiser is any individual who may call themselves an appraiser. They may produce incompetent or inaccurate reports, or they may even do good work. There is no way of knowing. Licenced appraisers are listed at www.trustpave.com.